Kamino launches ZEC-backed borrowing on Solana, letting users borrow USDC against Zcash

• Kamino Finance has launched a new borrowing market on Solana that accepts bridged Zcash (ZEC) as collateral to borrow USDC.
• The ZEC market utilizes an isolated architecture to manage collateral risk and offers a 'Multiply' feature for leveraged exposure.
• This move integrates a privacy-focused cryptocurrency into DeFi lending, following a similar pattern to Kamino's previous tokenized gold (PAXG) market.

Topics: Asset types, Blockchain usage, Integration with defi, Alternative assets, Layer 2 scaling, Rwa collateral lending

Tags: #kaminofinance #zec #solana #usdc #zcash #bridgedasset #isolatedmarket #leverage #privacycoin #defi

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Grayscale Zcash Trust Shares to Begin NYSE Trading on Aug. 25

Grayscale's product page for the trust describes it as a vehicle that gives investors exposure to ZEC in the form of a security. The move follows Grayscale's broader push around Zcash, including an earlier SEC filing tied to a Zcash ETF launch . Read original article on coinlive....

• Grayscale Zcash Trust shares will begin trading on the NYSE on August 25th, offering investors a regulated avenue for ZEC exposure.
• This move aligns with Grayscale's broader strategy for Zcash, including a prior SEC filing for a Zcash ETF.
• The trust allows investors to gain exposure to ZEC as a security without direct token custody, enhancing visibility and potentially widening the investor base.

Topics: Asset types, Institutional adoption, Legal regulatory, Alternative assets, Asset manager initiatives, Securities law classification

Tags: #grayscale #zcash #zec #nyse #trustshares #security #secfiling #etf #privacycoin #brokerageaccount

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